If Two Goods Are Substitutes and the Price of One

question 331

True/False

If two goods are substitutes and the price of one rises, then the demand for the other good will also rise.

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Definitions:

Positive Social Contact

Interactions between individuals that contribute to a sense of well-being, belonging, and mutual respect.

Romanian Orphanages

Institutions in Romania, noted in studies for their impact on child development due to deprivation and neglect experienced by children.

Adopted

A person who has been legally taken by another family as their own child, granting them the same rights and privileges as a biological child.